Posts Tagged ‘Money’

Vacations are painfully expensive.

Monday, April 25th, 2011

Just a scant nine days away and it was like a giant vacuum cleaner stuffed into my wallet.

The Costs of Cutting Cable A Year Later

Monday, November 16th, 2009

This month marks the one year anniversary of our Post-TV experiment and while it is often hard to read Management on these things I am willing to judge it a success. However, there were some surprises in terms of consumption patterns and costs. Below are the numbers in the past year that we have spent at Amazon, iTunes, and Netflix:

Amazon Subscriptions
Anthony Bourdain: No Reservations Volume 6 – $18.90
Anthony Bourdain: No Reservations Volume 7 – $18.90
Deadliest Catch Season 4 – $30.24
Deadliest Catch Season 5 – $13.23
Guns, Germs, & Steel – $5.67
Swords Season 1 – $15.12
Andrew Zimmern’s Bizarre World Season 1 – $18.90
Bizarre Foods with Andrew Zimmern Season 4 – $18.90
Out of Egypt Season 1 – $11.34
Mad Men – $24.57
Shark Week 2009 – $11.34
Total – $187.11

iTunes Purchases
It’s the Great Pumpkin – $9.99
A Charlie Brown Thanksgiving – $9.99
A Charlie Brown Christmas – $9.99
Be My Valentine, Charlie Brown – $9.99
Arthur Season 11 – $9.99
Arthur Season 10 – $9.99
Dinosaur Train – $12.99
LazyTown – $17.82
Little Bill – $13.99
Mama Mirabelle’s Home Movies – $6.93
Martha Speaks – $24.99
National Geographic Channel Kids – $6.93
Oswald – $19.99
Sesame Street Vol 1 – $19.99
Sesame Street Vol 2 – $19.99
Sid the Science Kid – $16.97
Smithsonian Kids – $3.97
Super Why! – $9.99
The Adventures of Paddington Bear – $12.87
The Wind In The Willows Season 1 – $10.99
The Wind In The Willows Season 2- $10.99
Wallace and Gromit – $6.88
Wonder Pets – $19.80
WordWorld Season 1 – $10.89
Yo Gabba Gabba Season 2 – $17.91
Total – $324.82

Netflix
12 months @ $18.01/month – $216.12

MLB Live
$35 per year

Grand Total – $763.05

The biggest thing that struck me as I tallied up the numbers for the past year is that the costs of media acquisition are upfront and largely erratic when compared to the predicable subscription costs of cable or satellite as we found out in an effort to obtain programming for Gabi since pulling an over-the-air TV signal was an unmitigated disaster. What we saw in terms of outlay was a steep curve when we gave up on trying to get local programming and sought it on iTunes but after that initial binge purchases dropped off considerably–a little more than half of that iTunes total occurred in April. Amazon, on the other hand, has been relatively smoother with only a slight bump in late spring which oddly coincided with a weekend spent in a hotel with cable programming.

So while the total numbers are eye opening, an average of $60.67/month, I suspect that the next year will see these costs to continue to drop for a number of reasons. The large bump in costs was centered around going with a Plan B to make up for our inability to get a PBS signal over the air. Looking at the receipts I’d argue that our overall purchases are declining at a rapid rate because we have more content than we can watch based on our current media consumption behaviors. Which brings us to the biggest reason of all: we are hardly watching TV. Rather we are listening to music and reading or surfing the Internet, when we do watch TV it is in very focused bursts for a movie or a string of episodes.

Next year, I imagine the average monthly cost to decline by some 30-40% which would see us realize a substantial savings over the cable bill we had shouldered ($125/month for a satellite subscription through Dish and prior to that $145/month for a cable subscription, no Internet, through Comcast). While the savings is great really the biggest benefit that I am gleaning from the experience is a clearer head and a feeling that my free time is more productive.

Life outside the walled garden of subscription programming is just fine.

Post TV – Adding Up the Costs

Tuesday, February 3rd, 2009

For anyone who is still playing along at home here is the run down of what it cost us to put together our current setup:

  • Mac Mini – $600
  • Apple Wireless Keyboard – $80
  • Apple Wireless Mouse – $70
  • Pinnacle HD TV Stick for Mac – $130
  • Elgato eyetv3 (upgrade) – $50
  • APC Back-UPS ES 350 – $30
  • Total – $960
  • DishTV – $130
  • Netflix – ($15)
  • Savings – $115
  • Buyback – 8.3 Months

It certainly is a large sum upfront and we are lucky that we could bankroll it with some of the money I made on side work last year and before Management was laid off.  The upside is that the cost will be quickly recouped in under a year since we are no longer paying for cable/satellite.

Money Confessions, Highs and Lows

Tuesday, January 8th, 2008

One of the more addictive features that the team has rolled out is the Money Confessions section where people can either publicly declare something or mutter behind the cloak of anonymity. Some of them are outright funny, like musing if buying a hooker a car is a bad idea, but sometimes they are heart wrenching displays of humanity.

Money Confessions

It is that combination of irreverence and poignancy that makes the feature so addictive to follow.

Five Malleable Goals for 2008

Tuesday, January 1st, 2008

Seems that this time of year most people have plenty in common with the UN and Congress what with all the non-binding resolutions being passed. Since I’m not one to be left out I’ve decided to make some tentative and malleable goals for myself this year.

Learn more about photography.
It has taken me about six months and some 8,000 pictures to finally get a decent idea about the relationship between aperture and shutter speed. Hopefully, in the next six I can greatly improve my technical skills with the camera and start producing pictures of at least average to middling quality.

Broaden my musical horizons.
Not that I have been one to stick to a narrow list of genres or a limited stable of artists but I have this nagging feeling that more music is out there which I really need to hear. In the last couple of months I have been making a concerted effort to widen the scope of my purchases, spending less time the comfortable habits of rock or electronic and instead trying to discover Modern Classical, deeper Jazz cuts, Folk, and the wealth of music that Africa offers. This year I would like to continue spreading my purchases every month across as many new artists and genres as possible.

Read more books.
Before the baby I managed to knock back some two books a month, not as fast as I know I am capable but quick enough that I don’t feel like I am only accomplishing a page a week. Now Reading is telling me I managed a book a month last year, decent but I have some 76 books still to go and at this rate Gabi will be in a nursing home by the time I finish. This year I would like to close the laptop and get in a good hour of reading before bed each and every night.

Spend more time just being.
Having a baby is much like a personal black hole whose gravity is so great that time bends and accelerates as it is pulled to the center. Add a job which I love so much that I find myself letting it wash over me to fill the spare moments of my day leaving nothing left over. This year I want to regiment my days better, which gets back to those top three goals, in that I leave time for myself to recharge so that I don’t feel like so much Vampire chow.

Manage our money more wisely.
We were foolish early in our marriage, running up unsecured debt, saving nothing, and spending everything. It took us several hard and lean years to dig ourselves out of that hole but we have and these days we live strictly on cash, the only debt we carry is the house, the car, and my student loans and each month we move to the next remaining in the black/ What of savings though? Retirement? College? Those are still gaps. This year I want to get even better with watching our spending habits, correcting them when necessary, and planning for 1-5-15-20 year goals. It certainly helps that I work for a company building the tools that I need but they can only carry me so far, the rest is up to me.

A Birthday Wish For Me…

Friday, January 19th, 2007

On my thirty-third birthday I want to quit my job. Not because I hate it or that it is a cesspool of unbearable personal politics, it is actually a great place to work. No I want to quit because I’m just tired of working the 8-5 grind. So I bought myself a cheap gift this morning after filling up the car with gas: a Powerball ticket.

Powerball is up to $205 million and the lump sum payment is $100 million and after the tax man takes his share that leaves about $40 million. I would take that remainder and invest it and live off a conservative return of 2.5% or approximately $400k after taxes. Just enough to be comfortable.

Never would I work again. Rather, I would go back to school and pursue my doctorate, maybe studying the intersection of technology and social groups with a focus on small group theory. The remainder of my time I would spend with my daughter as she grows up.

At the very least that dollar was well spent on day dreams.